Ad Fontes Ducational Trust

Analysis

Ad Fontes Ducational Trust is a registered charity in United States, based in Centreville, VA. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ad Fontes Ducational Trust reported income of $2.9m and spending of $2.9m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.5m to $2.9m (+14%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ad Fontes Ducational Trust sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Education Law Center - Pa ($2.9m), Orangetown Monsey Hebrew School Inc ($2.9m) and Magnet Schools of America Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $169k (5.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $914k against liabilities of $774k, net assets of $141k. It reported 60 employees.